Abiky
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www.Crypto.Games: Multiple coins, multiple games
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October 15, 2016, 09:27:42 PM |
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We need to choose both it is great if we have that at the same time, bitcoin is good for investment and fast income using their methods of earning while bank is good for investment (savings) for back up and safest way to put our money.
Agree. Until now, we have to face reality and thus cannot avoid banks since fiat is still used in countries worldwide. But, if Bitcoin becomes mainstream and used massively then maybe it could replace fiat and banks completely (although perhaps governments would have their own digital currency) Nevertheless, it is good to have both Bitcoin and fiat.  P.S. With Bitcoin, you can also have security (similar to that of a bank) if you use methods like paper wallets or even hardware wallet which are better. You would have control of your own funds, plus the security that a bank would provide since with Bitcoin you are your own bank.  |
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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Colt22
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October 15, 2016, 09:45:11 PM |
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bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
if the bitcoin wallets will also be that much powerful as banks are then they will also provide a guarantee for your bitcoins and they will pay back you your bitcoins whenever they will face a hack. |
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zahra4577
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October 15, 2016, 09:58:08 PM |
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bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
if the bitcoin wallets will also be that much powerful as banks are then they will also provide a guarantee for your bitcoins and they will pay back you your bitcoins whenever they will face a hack. how would bank pay you if the get hacked?It is ridiculous to expect this as this will ruin them |
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Anemed
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October 16, 2016, 12:21:44 PM |
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bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
if the bitcoin wallets will also be that much powerful as banks are then they will also provide a guarantee for your bitcoins and they will pay back you your bitcoins whenever they will face a hack. how would bank pay you if the get hacked?It is ridiculous to expect this as this will ruin them I too doubt that the money hacked would be paid back to you. Banks always make its customers either via telephone call, text or mails aware of fraudulent entries, calls and mails. They request us to make them aware of such activities. I really escalated it. I received a call from a person stating I am calling from concern bank to verify your account details where all these were done when my account was activated. I suspected and escalated it to the customer care. Likewise, we need to set up our wallets secured with the options are provided by the sites. Though both are well secured in its systems, we as an individual needs to be vigilant. |
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jaweria khan
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Activity: 68
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October 16, 2016, 02:12:21 PM |
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to me both carry too much importance as we use banks for our fiat currency there fore we much have a bank account on other side as bitcoin is the need of the time and is the new emerging currency therefore its importance cannot be ignore also. so i will go with both as both keep too much importance in my life.
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mothermother
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October 16, 2016, 02:16:02 PM |
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I think wallet is safety
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jakelyson
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Activity: 2184
Merit: 1069
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October 16, 2016, 02:46:19 PM |
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bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
I also have the same opinion and i am surprised that many people voted for bitcoin wallet,but yes if something bad happens we can go to bank and complain but in bitcoin wallet we dont know where are the owners and they in some other country so we cant do anything rather than just sending them emails. Then set up your own wallet on your on computer. It is not that hard. If you are using online wallet, then you can say that you are.not secure because they can go offline anytime they want and you lose your bitcoin.but if store it on your own computer, you control your own wallet and you are to blame if you.lose it. |
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Moonphine
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October 16, 2016, 03:02:42 PM |
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Don't put all your money in bitcoin.
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qyzackk
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October 16, 2016, 06:44:39 PM |
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bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
I also have the same opinion and i am surprised that many people voted for bitcoin wallet,but yes if something bad happens we can go to bank and complain but in bitcoin wallet we dont know where are the owners and they in some other country so we cant do anything rather than just sending them emails. Then set up your own wallet on your on computer. It is not that hard. If you are using online wallet, then you can say that you are.not secure because they can go offline anytime they want and you lose your bitcoin.but if store it on your own computer, you control your own wallet and you are to blame if you.lose it. Oddly enough that banks no one likes and respects, still people go to the bank and use their services. |
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alien161016
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October 16, 2016, 06:53:45 PM |
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Don't put all your money in bitcoin.
I also think that you can not invest all your savings into one object. It should be in different, this will reduce the risks |
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FunshareNesialMLMPenipu
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October 17, 2016, 01:07:42 PM |
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iam use both them
i have much accoun in bank, and iam much bitcoin wallet addres
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Abiky
Legendary
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Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
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October 17, 2016, 04:38:26 PM |
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I also think that you can not invest all your savings into one object. It should be in different, this will reduce the risks
Yes. This is more like diversifying your investments into different assets in order to minimize the risks. Let's say that you invest into Bitcoin, you can also choose to invest into different altcoins like Litecoin, Ethereum, Monero, etc in order to minimize the risks and end up loosing huge amount of money invested. The ideal setup would be to have both a Bitcoin and bank account as you would have the convenience of fiat + Bitcoin (which provides decentralization, and serves as a deflationary currency making it even more scarce and valuable over time) Then, you could choose to sell Bitcoin towards your bank account, or even buy Bitcoin directly with it. |
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CasinoBetGame
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October 17, 2016, 05:26:32 PM |
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this saving bank still is the bes
because bank is very high secure
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Abiky
Legendary
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Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
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October 19, 2016, 02:22:56 PM |
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this saving bank still is the bes
because bank is very high secure
True, but you can also get very high security with Bitcoin if your use encrypted private keys, make a paper wallet offline, and other sorts of stuff. Usually, I prefer Bitcoin more than a bank, since I have more control of my money with it, but there are some times where fiat is necessary too wherever Bitcoin is not accepted. The day that Bitcoin becomes used as a mainsteam currency, it will be the day that perhaps banks won't be needed anymore, in my own opinion. |
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Drago2016
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October 19, 2016, 08:20:13 PM |
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Banks will not replace bitcoin wallets, purses equivalent as not replace bank. It's just not possible. I believe that a world government would keep their offspring in control. Banks will not give fall.
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coszy
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October 19, 2016, 08:42:52 PM |
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I do not and will not trust in banks. But nowhere to go. Today, many aspects of modern life can not do without banking services. A bitcoin wallet I have not yet needed.
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CllickerQluicker
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October 20, 2016, 03:42:36 AM |
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this grow my money iam chose bitcoin
thi saving my money iam choose in bank
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ivanjontea
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October 20, 2016, 10:03:27 AM |
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bank need human resources to operate and will be a cost for that workers
but bitcoin is just need internet to transfer betwen users
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BitAlien16
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October 20, 2016, 10:26:56 AM |
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I do not and will not trust in banks. But nowhere to go. Today, many aspects of modern life can not do without banking services. A bitcoin wallet I have not yet needed.
choosing between the bank and the wallet I would choose the bank. I have trust in these institutions. It has never had any problems with the disbursement of funds by the bank |
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eminem90
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October 20, 2016, 06:54:20 PM |
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Personally I do not trust banks. All my savings I keep in my purse. Maybe it is not quite safe, but I feel so comfortable and relaxed
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